Technological advances and new ways of doing business are shaping a new manufacturing system, with a focus on smaller, more flexible production.
Advanced technologies favor the production landscape of New York City with high-value, low-volume, and customized goods.
Traditional Industries, New Technologies
New York City businesses are pioneering advanced manufacturing technologies, from 3D printing to robotic automation to augmented reality. These allow manufacturers to customize their products and bring goods to market quicker than ever, giving them a powerful competitive edge.
By the Numbers
The percentage of NYC advanced manufacturing jobs in 2017 offering salaries of $50K+
From traditional New York City industries like design, fashion, and food manufacturing to emerging sectors like bio-engineering and urban technology, companies are using tech to empower their workforces and improve their bottom lines.
An Engine of Opportunity
The City is making the key investments in talent, infrastructure, space, and funding to create a thriving industrial and manufacturing base that will empower economic growth and create quality jobs for New Yorkers across all five boroughs.
Projects & Programs
We’re building on NYC’s core strengths and powering new growth opportunities to support the city’s diverse manufacturing and industrial community.
- NYCIDA Industrial Program, a series of tax incentives to lower the costs of constructing, renovating, and owning industrial facilities for NYC industrial businesses.
- Futureworks Makerspace @ Brooklyn Army Terminal, a 20,000-square-foot advanced manufacturing center offering affordable access to over $1 million worth of state-of-the-art equipment, space, educational programming, and other services to help entrepreneurs grow their businesses right here in New York City.
- Micromanufacturing Hub @ Brooklyn Army Terminal, a home for growth-stage industrial manufacturing companies with affordable rents. These 1,000-2,000-square-foot spaces support all kinds of manufacturers, from woodworkers, jewelry-makers, and machinists to advanced manufacturers using tools like robotics, CNC machines, or laser cutters in their production process.
- ApprenticeNYC, a training and placement program run in partnership with the Department of Small Business Services to connect New Yorkers to the 21st century skills needed for an advanced manufacturing economy.
By the Numbers
Venture capital funding received by NYC's advanced manufacturing sector since the beginning of 2016
- Fashion Manufacturing Initiative, part of the City’s Made in NY: Fashion initiative. FMI started as a $6 million public-private partnership fund by NYCEDC and the Council of Fashion Designers of America (CFDA). Since its launch, we have scaled the program to become a $14 million partnership, reinvesting in the supply chain of tomorrow that was built for New York City’s fashion industry.
- NYC Industrial Developer Loan Fund, supporting industrial job-creation in New York City by providing public/private financing for industrial real estate development projects.
- Workforce1 Industrial & Transportation Career (ITC) Center, a network of employment centers located in Sunset Park, Jamaica, and on Staten Island, designed to help New Yorkers find new and better jobs in the industrial and manufacturing sectors through career planning, training, and employment support.
- Industrial Business Service Providers (IBSP) Network, a program to provide business education, financing assistance, recruitment and training support; help navigate government; and connect industrial businesses to public incentives, while collecting real-time data on the sector’s latest trends.
By the Numbers
Annual wage growth in advanced manufacturing subsectors from 2016-2018
The city’s industrial needs are always changing. From the eras of horse power to steam power to digital power, NYC has always been at the front lines of innovation. Today’s manufacturing and industrial entrepreneurs must have the right tools to meet the challenges of the 21st century.
Creating the spaces companies need to expand production. Providing the financial incentives for maximum growth. Broadening access to state-of-the-art technology. And, most of all, connecting manufacturers to the limitless potential of the city’s talented workforce. It’s what NYCEDC does every day to ensure that NYC remains a premier global destination in this constantly-evolving sector of our economy.